Mohicans markets：October 28- MHM European Perspective

Market Overview

On Friday, October 28, Beijing time, spot gold shock slightly down in early trading of Asian market, and is currently trading near $ 1660 per ounce; investors generally wait for the performance of the evening U.S. PCE data for September, the market is expected to maintain the U.S. core annual rate of PCE will rise to 5.2%, which is expected to further give the Federal Reserve next week to raise interest rates by 75 basis points to provide data support, put gold prices under pressure; however, about the Federal Reserve will slow down the pace of interest rate hikes in December is also expected to further heat up, the U.S. bond yields hovering near the low of nearly two weeks, but also to provide support for gold prices. The last trading day K-line recorded a cross, short term trend variability increased, but still slightly biased towards the long side.

In addition, this trading day also need to pay attention to the performance and impact fermentation of the third quarter GDP data from France and Germany; please pay attention to the U.S. September seasonally adjusted monthly rate of pending home sales index and the European Central Bank officials speech.

Mohicans Markets strategies are for information purposes only and are not intended as investment advice, please read the disclaimer at the end of the article. The following strategies were updated on October 28, 2022 at 15:30 BST.

Technical Analysis

CME Group options layout changes(December Futures Price)：

1715 Bullish decrease sharply, bearish unchanged, the second target for Bulls

1700 Bullish increase sharply, bearish increase slightly, long target and resistance

1690 Bullish increase slightly, bearish unchanged, short term resistance

1670 bullish increase sharply, bearish increase slightly, the first target for Bulls, sentiment dividing point between long and short

1660 Bullish increase sharply, bearish increase, first support

1650 bullish increase sharply, bearish decrease, key support

1630 Bullish unchanged, bearish increase and the stock is large, the first target for Bears

Order flow key point marking (Spot Price)：

1694-1696 Long target

1682-1684 Medium-term resistance

1672-1673 Key resistance during the day

1657 Short-term support

1650-1652.6 Long-short boundary (trend support during the week)

1645 Short support

1637 Key trend support, break down to return to downtrend

Note: The above strategy was updated at 15:00 on October 28. The strategy is a daytime strategy, please note the strategy release time.

CME Group options layout changes(December Futures Price)：

20 Bullish increase and the stock is large, bearish unchanged, long target and resistance

19.75 Bullish increase slightly, bearish unchanged, long target

19.5 Bullish increase, bearish increase slightly, long and short compete for points

19.45 Bullish increase slightly, bearish increase, downward momentum expand

19.2 Bullish unchanged, bearish decrease slightly, weak support

19 Bullish increase slightly, bearish increase, short target and support

18.5 Bullish decrease slightly, bearish decrease slightly, support level

Order flow key point marking (Spot Price)：

19.9-20 Trend key resistance

19.7 Resistance during the day

19.33-19.42 Short-term key support

19.23 Short-term support (weak)

18.9-19 Key support during the week

18.6 Short-term support

18-18.3 Important support area

Note: The above strategy was updated at 15:00 on October 28. The strategy is a daytime strategy, please note the strategy release time.

Key point marking of order flow (futures price in December):

95 Bullish sharply reduced, but the stock was large, and bearish slightly reduced, with strong resistance

90 Bullish sharply reduced, but stocks were large, bearish increased, resistance level

89 Bullish sharply reduced, bearish sharply increased, the first resistance level

87 Bullish increased, bearish increased, support level

85 Bullish is unchanged, but stocks were large, bearish increased significantly, short target and support position

Key point marking of order flow :

93.5 Strong resistance

91.6 Second resistance

89.8-90 First resistance

88.6 Key position of Asian market

87-87.4 Key support

86 Second support

Note: The above strategy was updated at 15:00 on October 28. This policy is a daytime policy. Please pay attention to the policy release time.

Changes of CME Group's option layout:

1.01 Bullish increased and large stock, bearish decreased slightly, long target

1.005 Bullish increased significantly, bearish increased, rebound target and resistance

1.00 Bullish increased significantly, bearish decreased but stocks were large, rebound target

0.995 Bullish slightly increased, bearish slightly decreased, support level

0.99 Bullish slightly increased, bearish significantly increased and stocks were large, short target

0.985 Bullish unchanged, bearish decreased but the stock was large, and the short target and supports

Note: The above strategy was updated at 15:00 on October 28. This policy is a daytime policy. Please pay attention to the policy release time.

Changes of CME Groups option layout:

1.17 Bullish increased but stock was large, bearish decreased unchanged, long target

1.165 Bullish unchanged but stock was large, bearish unchanged, rebound target

1.16 Bullish decreased slightly, bearish increased slightly, the first resistance

1.155 Bullish unchanged but stock was large, bearish unchanged, support level

1.15 Bullish unchanged but stock was large, bearish increased slightly, rebound target and support

1.145 Bullish unchanged, bearish increased, long target

1.14 Bullish increased slightly, bearish increased, the next short target

Note: The above strategy was updated at 15:00 on October 28. This policy is a daytime policy. Please pay attention to the policy release time.

Statement | Disclaimer

Disclaimer: The information contained in this material is for general advice only. It does not take into account your investment goals, financial situation or special needs. Mohicans Markets has made every effort to ensure the accuracy of the information as of the date of publication. Mohicans Markets makes no warranties or representations regarding this material. The examples in this material are for illustration only. To the extent permitted by law, Mohicans Markets and its employees shall not be liable for any loss or damage arising in any way, including negligence, from any information provided or omitted from this material.The features of Mohicans Markets products, including applicable fees and charges, are outlined in the product disclosure statements available on the Mohicans Markets website and should be considered before deciding to deal with these products. Derivatives can be risky and losses can exceed your initial payment. Mohicans Markets recommends that you seek independent advice.

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